Comfort Systems USA (FIX) Reported Blowout Results in Q2

TimesSquare Capital Management, an equity investment management company, released its “U.S. Small Cap Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. During the quarter, the fund returned 11.28% (gross) and 11.02% (net), compared to the Russell 2000 Growth Index by 11.97%. Equities posted double-digit returns in the second quarter as global economic activity measures lifted. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, TimesSquare Capital Small Cap Growth Strategy highlighted stocks such as Comfort Systems USA, Inc. (NYSE:FIX). Comfort Systems USA, Inc. (NYSE:FIX) offers mechanical and electrical installation, renovation, maintenance, repair, and replacement services. The one-month return of Comfort Systems USA, Inc. (NYSE:FIX) was 9.02%, and its shares gained 121.85% of their value over the last 52 weeks. On September 10, 2025, Comfort Systems USA, Inc. (NYSE:FIX) stock closed at $752.10 per share, with a market capitalization of $26.535 billion.

TimesSquare Capital U.S. Focus Growth Strategy stated the following regarding Comfort Systems USA, Inc. (NYSE:FIX) in its second quarter 2025 investor letter:

"Many of our Industrial positions provide necessary business-to-business operational services, highly technical components, equipment enabling automation & efficiency improvements, or essential infrastructure services. Comfort Systems USA, Inc. (NYSE:FIX) provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services. Blowout results led to a 67% surge in the stock price. While management has done well to temper expectations on earnings calls, they have continued to exceed expectations every quarter."

Comfort Systems USA, Inc. (NYSE:FIX) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 53 hedge fund portfolios held Comfort Systems USA, Inc. (NYSE:FIX) at the end of the second quarter, which was 48 in the previous quarter. In the second quarter of 2025, Comfort Systems USA, Inc. (NYSE:FIX) reported a revenue of $2.2 billion, which signifies an increase of $363 million or 20% compared to the previous year. While we acknowledge the potential of Comfort Systems USA, Inc. (NYSE:FIX) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Comfort Systems USA, Inc. (NYSE:FIX) and shared Renaissance Large Cap Growth Strategy's views on the company. In Q2 2025, Brown Advisors Mid-Cap Growth Strategy established a position in Comfort Systems USA, Inc. (NYSE:FIX). In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.